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18 November 2007

7 November was the 7th day of the fifth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

7 November 2007

The Globe and Mail - Construction boom to keep booming (7 November 2007) The construction sector will continue to underpin Canada's economy next year by a surge in commercial investment. Scotia Capital economist Adrienne Warren made the forecast in a real estate report, saying the value of construction investment is on track to top C$200-billion for the first time this year. The broader construction sector will still boost economic growth in 2008 as a 'nationwide resurgence in commercial, resource and infrastructure investment' will help sustain momentum, Ms. Warren said. Commercial buildings are overflowing as the number of office jobs in finance, insurance, information-technology, and professional services has grown rapidly. Engineering construction is likewise expected to stay in overdrive. 'Governments at all levels are shoring up ageing public infrastructure, including roads, bridges, public transit, and power utilities,' Ms. Warren said.

From a Canadian Press report on this: The report says renovations of existing homes, of which there were record sales this year, should be an important contributor to growth.

From a Calgary Herald report on this: Adrienne Warren, senior economist with Scotia Economics, says that while residential construction is levelling off in the country, commercial real estate, particularly in the office sector, is continuing to boom. 'While led by major office tower projects, hotel and retail developments are also prominent.' The report said the Canadian economy is in the midst of an unprecedented post-war construction boom.

From a Reuters Canada report on this: Investment in office space and other commercial buildings, amid vacancy rates that are at a 25-year low, is leading non-residential construction, the report said.

The National Post - B.C. part Of $33B infrastructure plan (7 November 2007) British Columbia has become the first province to sign on to the Building Canada Plan, a new C$33 billion federal-provincial pact for major infrastructure upgrading. Prime Minister Harper touts the national scheme as the richest ever to restore and upgrade Canada's infrastructure. The agreement calls for C$2.2 billion to B.C. over seven years for roads, bridges, tunnels, ports, public transit, and more, including the Pacific Gateway initiative. 'These funds will be used on a cost-sharing basis to support provincial infrastructure priorities, including transportation, tourism, public transit, green energy, and waste and water systems,' Premier Campbell said.

The Montreal Gazette on Montreal housing market to bloom (7 November 2007) Montreal's housing market will flourish this year and next as buyers take advantage of a strong economy, low borrowing rates and flexible financing options, Canada Mortgage and Housing Corp. (CMHC) forecast on Tuesday. The federal housing agency expects 42,800 homes to change hands this year, a 10-per-cent increase over 2006, while housing starts are also expected to climb by 10 per cent, to 25,000 units. CMHC is forecasting 2008 price increases of between five and six per cent. However, while some consumers worry that rising prices are putting the dream of home ownership out of reach, the Montreal market remains affordable, CMHC market analyst Sandra Girard said.

The Toronto Star - Builder's energy plan goes green (7 November 2007) Reid's Heritage Homes has unveiled plans to build Ontario's first residential community to be heated and cooled entirely with geothermal energy. The 150-home subdivision will be located in Kincardine. Reid's spokesperson Rebecca Mountain said focus groups showed that 77 per cent of potential home buyers would prefer to purchase a property that was cooled and heated with geothermal energy. Based on that feedback, the company decided to make it a standard feature in its Kincardine development and likely for future projects, including a 1,000 home community in Owen Sound. Each home is expected to achieve 60 per cent energy savings. 'You pay the thing back in 4.7 years. That's a pretty fast payback,' said Mountain. William Tharp, co-founder of Clean Energy Developments, the company that is designing and installing the systems, said the Kincardine subdivision is a major step for green housing in Ontario. 'Financially, it's very viable—from homeowner through to developer, and from a climate change or environmental position, it's clear leadership,' Tharp said.

Reuters Canada - Ontario seen meeting energy conservation target (7 November 2007) Ontario, whose 20-year power plan leans heavily on conservation, has managed to reduce energy use and is on track to meet a peak demand reduction target, the province's conservation officer said. Peter Love's annual report commended Ontario for cutting electricity consumption by more than 5 per cent per capita in the last two years, and said peak summer demand is expected to be reduced this year by its target, 1,350 megawatts. 'This is about a quarter of the current peak demand in Ontario, and it's one of the most ambitious targets in North America,' Love said.

Reuters Canada - Nova Scotia may be poised to pace Canada's economy (7 November 2007) Nova Scotia is touting a mini-boom in high-skilled sectors of the job market such as finance and information technology. 'There's a strong, fairly broad-based employment growth, predominantly in metro Halifax,' said Lars Osberg, a professor of economics at Dalhousie University in Halifax. Nova Scotia's unemployment rate has dropped at nearly twice the national rate in the last 12 months. A 5.2 per cent climb in average wages over the past year—compared with 4.3 per cent in Canada—could also entice Nova Scotia's student masses to stay. Halifax has a hefty 30,000 post-secondary students out of a population of 370,000—part of the 'secret of Halifax's success', Osberg said.

CBC News - Yukon's awash with cash from surpluses (26 October 2007) Financial figures released by the Yukon government show it's sitting on C$269 million in finances—the result of five successive years of surpluses. 'Not only are we sitting in probably one of the healthiest financial positions in the history of the Yukon, we've also brought forward successive record budgets investing in Yukon's future,' Premier Dennis Fentie said.

CBC News - Ovide Mercredi installed as chancellor of Manitoba's newest university (7 November 2007) Ovide Mercredi has been installed as the first chancellor of the University College of the North in a ceremony at the university's The Pas campus on Tuesday. 'I think it's a very symbolic indication to the young people in aboriginal communities that they have opportunities if they pursue them, and that any one of them could become a future chancellor of the University of the North, or a president of a university, or a professor, and so on,' Mercredi said. 'Whatever they choose to do, they can accomplish it.' The lawyer, who is chief of the Misipawistik Cree Nation, has held several top jobs in the native community, including grand chief of the Assembly of First Nations. He is only the second aboriginal person to be named chancellor of a university in Canada. Mary Simon, an Inuit woman installed at Trent University in Ontario, was the first. The University College of the North's programming focuses on community, northern, and aboriginal development, offering certificates, diplomas, and degrees to about 2,600 students on campus at The Pas and Thompson and through satellite centres in 10 northern communities.

These are a few of the news reports reflecting Canada's rising invincibility from the growing Yogic Flying groups across Canada and the Invincible America Assembly at Maharishi University of Management and Maharishi Vedic City, USA.

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Copyright © 2007 Global Good News(sm) Service

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